Boca Raton · conforming and jumbo, side by side
Today’s Boca Raton Mortgage Rates
Live Boca Raton pricing for conforming and jumbo loans. With the typical home here priced not far below the point where a loan turns jumbo, how much you put down can change which rate sheet you are on, and we show you exactly where that line falls.
See Live Boca Raton Mortgage Rates And Closing Costs!
0.125 points
No points, no credit
$374 lender credit
$672 lender credit
$1,577 lender credit
Par rate per program for a single-family primary residence in Palm Beach County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Boca Raton scenario, no credit pull.
Boca Raton’s Mortgage Broker Offering the Lowest Rates
We specialize in Boca Raton residential mortgages.
Boca Raton loans tend to be larger, and borrowers here tend to have more complex finances: business owners, retirees drawing on investment accounts, professionals with significant bonus income. Large banks often price jumbo loans well for their wealth-management clients and less well for everyone else. Working as a broker, On Mortgage puts the same file in front of several conforming and jumbo investors so you see the spread between them rather than one bank’s view.
Try your own numbers in the Palm Beach County pricing tool, or visit the Boca Raton mortgage broker page for how we handle country club memberships and equity fees.
Boca Raton Mortgage Rates Today: Unlock the Best Deals for Your Home Loan
Today’s conforming 30-year fixed for Palm Beach County prices at 6.625% (11/9/2026). That rate only applies up to a loan of $832,750, the 2026 conforming limit for a single-family home in Palm Beach County. Borrow a dollar more and the loan moves to jumbo pricing, set by each lender rather than by Fannie Mae and Freddie Mac.
Here is how that plays out at four Boca Raton price points, each with 20% down, along with the down payment you would need to keep the loan conforming:
| Purchase price | Loan at 20% down | Loan type | Today’s rate | Principal and interest | Down payment to stay conforming |
|---|---|---|---|---|---|
| $670,000 (median) | $536,000 | Conforming | 6.625% | $3,432/mo | Already conforming |
| $925,000 | $740,000 | Conforming | 6.625% | $4,738/mo | Already conforming |
| $1,150,000 | $920,000 | Jumbo | 6.375% | $5,740/mo | $317,250 (27.6%) |
| $1,600,000 | $1,280,000 | Jumbo | 6.375% | $7,986/mo | $767,250 (48.0%) |
Par pricing for a Palm Beach County primary residence with strong credit. Jumbo pricing is lender-specific and depends heavily on credit, reserves and down payment. Taxes, insurance and any HOA or club dues are added on top.
Jumbo rates are not always higher. Lenders keep jumbo loans on their own books or sell them to private investors, and for well-qualified borrowers they sometimes price at or below conforming. What jumbo does change is the qualification: larger reserves, more scrutiny of self-employed income, and in many cases a second appraisal on the largest loans. Our Boca Raton jumbo rates page covers those requirements in detail.
Boca Raton Refinance Rates: Refinancing Your Home for Better Terms
0.049 points
$531 lender credit
No points, no credit
$374 lender credit
$672 lender credit
Rate-and-term refinance pricing for a Palm Beach County primary residence with 20% equity and excellent credit, jumbo programs listed first. Cash-out, condo and investment refinances are priced separately. Price your own Boca Raton scenario, no credit pull.
The conforming limit has risen considerably in recent years. A Boca Raton owner who took a jumbo loan a few years ago may now owe less than $832,750, which means a refinance could move the loan onto conforming pricing with more lenders competing for it. That alone can be worth a look even when market rates have not moved much.
Other common Boca Raton refinances: cash out from substantial equity to fund a renovation or a second property, removing a co-borrower after a divorce, or converting an adjustable-rate jumbo before its first reset. Run the break-even in our refinance calculator, and see the refinance guide for program rules.
Boca Raton 30-Year Mortgage Rates: Long-Term Stability for Homebuyers
For most Boca Raton buyers financing a primary home, the 30-year fixed is still the anchor. It keeps the required payment lower on a large balance, and because there is no prepayment penalty on a standard residential mortgage, you can pay it down faster whenever you like.
Buyers with significant assets sometimes take a different route: a 30-year fixed at par, plus extra cash invested rather than put into the house, and a recast later if they want a lower payment. Others choose an adjustable-rate jumbo for a lower start rate when they expect to sell or refinance within seven to ten years. We price all three so you can compare the long-run cost, not just the first payment.
Boca Raton Best Mortgage Lenders: Your Trusted Partner in Home Financing
Jumbo portfolio lenders
Fixed and adjustable jumbo loans with competitive pricing for strong borrowers, including interest-only options.
Club-community specialists
Comfortable underwriting equity memberships, capital contributions and mandatory dues.
Asset-depletion lenders
Qualify on investment and retirement balances when wages are not the main income.
Self-employed and bank-statement lenders
For business owners whose tax returns understate cash flow.
Second-home lenders
For seasonal residents who keep a primary home elsewhere.
Conforming and FHA lenders
For townhomes, villas and condos priced below the median; see Boca Raton FHA loans.
Boca Raton FHA Loan Rates: Affordable Homeownership Solutions
FHA is not the loan most people associate with Boca Raton, but it fits a real slice of the market. Condos and villas in older communities, townhomes west of the Turnpike and smaller homes in neighborhoods like Boca Square can fall within reach, with as little as 3.5% down at a 580 score and the option to use gift funds.
The catch, as anywhere in South Florida, is that condos must be in an FHA-approved project, and many 55-plus and older Boca communities are not on the list. Single-family homes and townhomes without a condo structure avoid that issue. See the Boca Raton FHA loan page for county limits and requirements.
Secure the Best Boca Raton Mortgage Rates with On Mortgage
Boca Raton pairs a beautiful coastline and a strong economy with some of South Florida’s best-known private communities. On Mortgage offers competitive financing for every part of it, from a first condo near FAU to a waterfront estate east of the Intracoastal.
Boca Raton’s Real Estate Market Overview
Boca Raton’s market has eased into a more balanced footing, with the median sale near $670,000 by mid-2026 and homes going under contract in a little over two months on average. That is quicker than much of the region, a sign of steady demand. Prices span a very wide range, so the median hides a lot: condos in many communities trade well below it, and gated and waterfront homes trade several times higher.
One detail many buyers miss: a large part of the area with a Boca Raton mailing address, often called West Boca, is unincorporated Palm Beach County rather than the City of Boca Raton. Those homes pay county millage without a city levy but receive county rather than city services. The property tax estimate on a listing should match the actual parcel.
Downtown Boca Raton and Surrounding Areas
Mizner Park anchors downtown with restaurants, shops and the amphitheater, and the Brightline station connects Boca to Miami, Fort Lauderdale, West Palm Beach and Orlando. Florida Atlantic University and the Boca Raton Innovation Campus add jobs and rental demand.
Downtown and east of US-1
Condos near Mizner Park and the beach, plus single-family homes in established neighborhoods. Buildings’ reserves and inspections affect financing.
Royal Palm and the waterfront
Intracoastal estates with docks, nearly all jumbo, where flood coverage and seawall condition matter.
Country club communities
Boca West, Broken Sound and others, where membership fees and dues are part of the underwriting.
West Boca and Woodfield
Gated family communities with good schools nearby, a mix of conforming and jumbo loans, and county rather than city taxes in many areas.
Boca Raton insurance and property tax estimate
At Boca Raton prices, the escrow is a large share of the payment. Palm Beach County carries one of the highest average homeowners insurance premiums in Florida, and the premium on a larger home scales with its value. Here is the estimate for a homesteaded single-family home at the median; homes inside city limits add the city levy to the county rate shown.
Sources: Florida county homeowners insurance premiums (worthinsurance.com) and county total millage (movewithmomentum.com), updated October 2026. Your own premium depends on the home’s age, roof, construction and wind mitigation features, and flood coverage is a separate policy. Property tax and homeowners insurance are estimates (1.2% and 0.85% of the home’s value per year). Your actual taxes and insurance premium depend on the property, exemptions and the policy you choose, and will be confirmed on your Loan Estimate. Run your own numbers.
Boca Raton Mortgage Rate Trends
With the market more balanced, Boca Raton buyers have room to negotiate, and many are using it to ask for seller-paid buydowns or closing-cost credits rather than price cuts. Values are still expected to grow modestly, which supports lender appetite for larger loans.
The biggest trend for local borrowers is the rising conforming limit. Each year it climbs, more Boca purchases fit within agency pricing, and more jumbo owners can refinance into it. We track both conforming and jumbo sheets daily to find the best rate for your situation.
Why Choose On Mortgage for Your Boca Raton Mortgage Needs?
Boca Raton borrowers expect precision. Here is what we deliver:
Access to competitive mortgage rates for various property types
Condos, villas, townhomes, single-family and estate homes.
FHA loans offering low down payment options
For approved condos and lower-priced homes.
VA loans with exclusive benefits for veterans
No down payment, even above the conforming limit with full entitlement.
Refinancing solutions to help you secure better terms
Jumbo to conforming, ARM to fixed and cash out.
Jumbo loans for high-value properties
Fixed, adjustable and interest-only from multiple investors.
Straight answers on complex files
We say early whether your income, assets and property fit, and with which lender.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“Javier listened to our story and made a recommendation that has led my wife and I to an improved financial lifestyle. No more shopping around. Javier has a lifetime customer here!”
“I’ve done 22 loans with about 12 different lenders over the last 20 years and Chris is the best. He gets great rates with no headaches and you never have to worry about getting the job done quickly. He always delivers.”
“We cannot say enough amazing things about Caroline! As a first-time homebuyer, this was such a huge and exciting milestone for us, and we’re so grateful that we had her by our side throughout the entire process. Caroline was incredibly knowledgeable, patient, responsive, and supportive from beginning to end.”
Boca Raton mortgage rates: your questions
What is the conforming loan limit in Boca Raton for 2026?
For a single-family home in Palm Beach County, the 2026 conforming limit is $832,750, the national baseline set by the Federal Housing Finance Agency. Loans above that amount are jumbo loans. Limits for two- to four-unit properties are higher.
Are jumbo mortgage rates higher in Boca Raton?
Not necessarily. Jumbo rates are set by individual lenders and can be at, above or occasionally below conforming rates for strong borrowers. The bigger differences are in qualification: more reserves, larger down payments and closer review of income.
Should I put more down to avoid a jumbo loan?
Sometimes. If a modest additional down payment brings the loan under $832,750, you gain access to agency pricing and more lenders. If jumbo pricing for your profile is already competitive, keeping the cash may make more sense. The table above shows the down payment needed at several prices.
Do club membership fees affect my Boca Raton mortgage?
Mandatory dues and assessments count in your debt-to-income ratio, and an equity membership paid at closing adds to the cash you need. Lenders that regularly finance club communities handle these smoothly.
Is West Boca part of the City of Boca Raton?
Much of it is not. Many homes with a Boca Raton address lie in unincorporated Palm Beach County, which affects the tax rate and local services. We check the parcel so your escrow estimate is accurate.
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Contact On Mortgage for the Best Boca Raton Mortgage Rates
Conforming or jumbo, primary home or seasonal residence, On Mortgage will compare Boca Raton pricing across many lenders and show you where your loan lands. Call or request a quote today.